Solar Financial Services Private Limited
About Solar Financial Services Private Limited
Data last updated:
Solar Financial Services Private Limited is a private limited company based in Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 27 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67120DL1996PTC079941.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.68 Lakh. It is led by directors Prerit Jain and Ishwar Chand Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bt – 20 Shalimar Bagh, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.5 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Lakh (net margin 7.6%) and EBITDA of ₹3.26 Lakh (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 35% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solar Financial Services Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBt – 20 Shalimar Bagh, Delhi, India – 110088
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Solar Financial Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Solar Financial Services is professional, scientific and technical. In detail, this covers legal activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal activities |
To see the full business activity and turnover split of Solar Financial Services Private Limited, buy the company report.
Financials of Solar Financial Services Private Limited
FY 2024 filings availableSolar Financial Services Private Limited reported revenue of ₹31.5 Lakh (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 73% fall in the latest year. EBITDA fell 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 7.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Solar Financial Services Private Limited, buy the company report.
Board of directors of Solar Financial Services Private Limited
Solar Financial Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prerit Jain Also directs: P P Land Marketing Private Limited | Director | 24 Nov 2007 | 18 Years 11 Months | Current |
| Ishwar Chand Jain Also directs: Astro Steels Private Limited | Director | 01 Jan 2007 | 19 Years 10 Months | Current |
Auditor
Solar Financial Services Private Limited is audited by RAJESH VIPIN AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH VIPIN AND ASSOCIATES | FY 2023 | 023345N |
Shareholding
The shareholding of Solar Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Financial Services Private Limited, buy the company report.
Legal cases
Solar Financial Services Private Limited has 4 court cases on record: 4 filed by Solar Financial Services. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, North, Delhi | Court case (EX. CIVIL) | Filed by the company against an individual | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against North Delhi Municipal Corporation of Delhi | Disposed |
To see the full case history of Solar Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solar Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Solar Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solar Financial Services Private Limited has 14 board changes on record since 1996: 8 appointments and 6 cessations. The latest: Shyam Sunder Bansal ceased to be Director on 27 Apr 2016.
5 earlier events are in the company report.
Frequently asked questions
Solar Financial Services is an active private limited company based in Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 27 June 1996 (30+ years old) and is registered under CIN U67120DL1996PTC079941.
Solar Financial Services has 2 current directors:
- Prerit Jain - Director
- Ishwar Chand Jain - Director
The latest financial statements of Solar Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Solar Financial Services is U67120DL1996PTC079941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Financial Services has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Solar Financial Services was incorporated on 27 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Shyam Sunder Bansal ceased to be Director on 27 Apr 2016. Rajesh Kumar ceased to be Director on 22 Jan 2016. Rajesh Kumar was appointed as Director on 04 Feb 2011. Solar Financial Services has 14 board changes on record in total.
The registered office of Solar Financial Services is at Bt – 20 Shalimar Bagh, Delhi, India – 110088.
Solar Financial Services operates in the infrastructure and utilities industry, in the general construction services segment.
The compliance status of Solar Financial Services is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
